Customers are feeling “emotionally blackmailed” when being prompted to tip at self checkouts in restaurants and retail establishments, especially amid record-high inflation and less friendly customer service.
Former Twitter CEO Jack Dorsey’s payment processing firm Block suffered a stock price drop of 15 percent this week after claims by Hindenburg Research that the company has facilitated fraud and inflated its user numbers. Researchers were reportedly able to set up a Cash App account in the name of former President Donald Trump, and even secure a Cash App card with his name on it.
Twitter CEO Jack Dorsey recently laid out his opposition to proposed cryptocurrency regulation, stating that it would create “perverse incentives for cryptocurrency customers to avoid regulated entities for cryptocurrency transactions.”
Twitter CEO Jack Dorsey’s other company, payment processing service Square, is withholding between 20 and 30 percent of the money that merchants receive from customers. One small business owner commented: “It may not be the coronavirus that puts us out of business but actually the greed of Square that breaks the camel’s back.”
Twitter CEO Jack Dorsey is giving $5 million to Andrew Yang’s universal basic income group called Humanity Forward.
Twitter co-founder and CEO Jack Dorsey announced that he will provide $ 1 billion of his own money for relief efforts to combat the Chinese virus. Dorsey says the sum represents approximately 28 percent of his net worth.
Bank of America is undertaking a review of its financial relationships with “assault weapon” manufacturers.
Silicon Valley has been suffering a tech IPO drought, but the dam may have broken after data software company Talend, Inc. jumped 42 percent on its first day of trading. Talend raised $94.5 million in its July 29 initial public
Square, Inc. stock popped when its mobile payment service crushed fourth-quarter sales expectations on March 9 — but then plunged as the company racked up a bigger-than-expected losses.
So-called “unicorn” tech companies in Silicon Valley valued at over $1 billion by private equity investors are becoming “unicorpses.”
Twitter’s CEO Jack Dorsey disclosed that almost half of Twitter’s senior managers are jumping ship, as the former #3 social media darling has fallen to #8 and monthly average users shrank by about 8 million since the end of October.
Twitter stock is down some 40 percent since Jack Dorsey became CEO, and the other company he runs, Square, isn’t doing too well either, prompting Forbes to drub Dorsey out of the billionaire’s club on Thursday.
